Why is XT Global Infot. falling/rising?

As of 20-Oct, XT Global Infotech Ltd is experiencing a price increase, currently at Rs 40.70, which reflects a rise of Rs 2.95 or 7.81%. Despite opening with a loss of 2.97% today, the stock reached an intraday high of Rs 40.86, indicating a recovery during the trading session. Over the past week, the stock has outperformed its sector by 6.91%, although its one-month performance shows a decline of 1.14%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in the short term. However, there has been a notable decrease in investor participation, with delivery volume falling by 12.98% against the 5-day average, which may indicate a lack of sustained interest.
In the broader market context, XT Global Infotech's short-term return of 3.09% over the past week outperformed the Sensex, which gained 2.47% in the same period. However, the stock's one-month performance is lagging behind the benchmark, which rose by 2.10%. Year-to-date, XT Global Infotech has a return of 1.90%, while the Sensex has performed better with a 7.97% increase. The stock's long-term performance shows a decline of 11.04% over the past year, contrasting with the Sensex's gain of 3.86%, indicating that while there may be short-term gains, the stock has struggled in the longer term compared to the broader market.